PM urged to raise Vietnam-India trade to US$15 billion

Tuesday, 2016-08-23 22:51:47
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PM Nguyen Xuan Phuc receives new Indian Ambassador Harish Parvathaneni in Hanoi on August 23. (Credit: VGP)
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NDO/VNA – Vietnam and India should do more in trade and investment to realise their trade target of US$15 billion, Prime Minister Nguyen Xuan Phuc said while hosting new Indian Ambassador Harish Parvathaneni in Hanoi on August 23.

He approved the two countries intending to upgrade their strategic partnership to a comprehensive strategic level, saying it will allow stronger co-operation.

Vietnam welcomes India’s Act East policy as it was confirmed one of the pillars of the policy, he stressed.

The Government leader expressed his expectations for the upcoming visit to Vietnam by Indian Prime Minister Narendra Modi.

He asked both sides to have thorough preparations to make the visit a success as it is significant in the context that they are to celebrate the 45th anniversary of their diplomatic ties (January 7, 1972-2017).

The ambassador affirmed that India always attaches importance to strengthening its intensive and extensive collaboration with Vietnam.

He suggested the two countries step up co-operation in the fields of science, technology, finance, information technology and telecommunications.

The two countries should continue promoting their strengths and potential as well as expanding co-operation so as to further deepen the bilateral strategic partnership, he stated.